Centric Brands Brand & Lifestyle Brand Licensing Fashion & Accessories Retail 

Brand licensing company Centric Brands files for bankruptcy

Considering the weak growth in apparel sales in recent years, New York based, Centric’s Brands were likely already experiencing some challenges. The COVID-19 pandemic has only made that worse, as consumers have less need than ever for clothes for work or special events, and are pulling back on spending with many stores still temporarily closed and economic uncertainty looming. Apparel sales plunged 89% in April, with most retail stores closed due to the outbreak, after dropping more than 50% in March, when some stores were still open for part of…

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Entertainment Licensing Sports TV & Films 

INOX to screen ICC Cricket World Cup matches live on cinema screens

The fastest growing cinema chain of the country, INOX Leisure Ltd (INOX) is all set to offer an unprecedented stadium-like experience to the cricket fans of India with the screening of LIVE matches of the ICC Cricket World Cup 2019 on cinema screens. The 12 th edition of ICC Cricket World Cup hosted by England & Wales, is beginning on 30 th May, 2019 with the Final scheduled on 14 th July 2019. Being the only multiplex operator in the country to screen LIVE matches of ICC Cricket World Cup,…

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TV & Films 

India to be among top-10 entertainment and media markets by 2021: Study

India’s per capita media and entertainment spending will be capped at a mere 32 dollars by 2021 compared to 222 dollars in China and 2,260 dollars in the United States, according to an ASSOCHAM-PwC joint study. India is one of the fastest growing entertainment and media territories in the world, with a CAGR of 11.7% from 2017 to 2022, growing from 30,363.72 million USD (19,78,045 million Rs) in 2017 to 52,683.15 million USD (34,32,044 million Rs) in 2022. It is set to be in the top 10 entertainment and media…

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Brand Licensing Merchandise Licensing 

Global licensing industry increases to $271.6 Billion in 2017: Report

The retail and related revenue generated globally by the trademark licensing business increased to USD 271.6 Billion in 2017, according to the Annual Global Licensing Industry Survey by the International Licensing Industry Merchandisers’ Association (LIMA). According to the report, the licensing industry increased by 3.3 per cent as compared to previous year to USD 262.7 Billion. Royalty revenue from sales of licensed merchandise and services grew to 2.6 percent to USD14.5 billion. Character and Entertainment, being the top licensing type, garnered 44.7% share of the market, accounting for USD 121.5…

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Collaborations 

Reliance Jio announces partnership with Screenz for Indian market

Reliance Jio has announced an exclusive partnership for the Indian market with Screenz, the platform for “entertainment-based interactivity”. The platform has been used by some of the world’s top broadcasters and format owners. The association will empower broadcasters and publishers to create engaging content with robust scalability. The partnership will add to Jio’s existing platform for gamification. During the on-going Jio Cricket Play Along, it has enrolled over 65 million unique users already, who are consistently playing the game as well as the Jio Kaun Banega Crorepati Play Along game,…

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Character & Entertainment Entertainment Licensing 

CPLG to represent flagship brands for BBC Worldwide

BBC Worldwide has named CPLG to represent its flagship brands for licensing across all EMEA territories As part of the deal, CPLG will manage brands including Top Gear, Doctor Who and BBC Earth, as well as pre-school shows Go Jetters, Hey Duggee and Sarah & Duck. “From pre-schoolers to petrolheads our brands are loved around the world by audiences of all ages. Our licensing business exists to extend fan’s enjoyment of the BBC programmes they love and CPLG are the perfect partner to help us do this,” said Andrew Moultrie,…

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